GLNS advises Schaufler Tooling GmbH & Co. KG, Laichingen (Germany), on its merger with Fischer Tool & Die Corp., Temperance (USA). The merger creates a global leader in high-pressure die cast tool manufacturing.

Schaufler Tooling GmbH & Co. KG, a “Mittelstand”-company located in the city of Laich- ingen in Southern Germany with 140 employees, designs and builds casting dies and carbon fiber molds. The majority shareholder of the company is a fund advised by CGS Management haller lanz & co. with its seat in Pfäffikon, Switzerland. Fischer Tool & Die Corp., headquar- tered in Temperance, Michigan, is a leading US full service die cast tooling solutions provider and precision machining company. The company was founded by Michael Fischer in 1987 and currently employs about 130 people.

The CGS funds invest in small and mid-sized companies with an industry focus. Since 1999, CGS funds have invested in anchor companies in the German-speaking countries of Europe with bolt-on acquisitions worldwide, using the industrial experience of their partners to build up internationally recognized companies. GLNS already acted for CGS in its acquisition of a majority shareholding in Schaufler Tooling GmbH & Co. KG in 2014.

In the merger with Fischer Tool & Die Corp., Schaufler Tooling GmbH & Co. KG was advised on legal and tax matters by Reinhard Ege (Private Equity/M&A/Tax), Andreas Scheidle (Tax/M&A) and Ferdinand von Spreti (Private Equity/M&A) from GLNS in co-operation with a team from the US firm Barnes & Thornburg led by Scott Troeger and Joel Duthie. Timm Theilmann and team from Wegner Ullrich Müller-Helle, Berlin, advised on the financing as- pects of the transaction.

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